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Cryptocurrency News

Location American Cryptocurrency News for 25 May 2022
Guggenheim's Scott Minerd Sees a Lot More Downside to Crypto Market -- Predicts Bitcoin Could Fall to $8K Guggenheim Chief Investment Officer Scott Minerd Says there’s a lot more downside to crypto after the market plunged. He has predicted that the price of bitcoin could fall to $8K. Guggenheim’s Scott Minerd Predicts t...
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Bitcoin 'finally' due for $32.8K as long-term BTC price metric flashes overvalued An uptick to two-week highs is on the cards but longer timeframes still trouble Bitcoin analysis.
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LUNA Investor Arrested for Knocking on Do Kwon's Door After Losing $2.4 Million in Terra Crash A crypto investor has been arrested after knocking on Do Kwon’s door following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). He lost about $2.4 million and is now under investigation by the...
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Brazil's Federal Revenue now requires citizens to pay taxes on like-kind crypto trades The Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil's national currency.
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Billionaire Investor Bill Ackman Says Unless the Fed Aggressively Hikes Rates, Stock Market Could Crash, 'Catalyzing an Economic Collapse' Billionaire hedge fund manager and founder of Pershing Square Capital Management, Bill Ackman, believes “inflation is out of control.” The investor thinks that if the Federal Reserve “doesn’t do its job” by app...
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Governments, Companies Will Need To Develop Standards, Rules For Metaverse - Davos Panel The metaverse creates a range of opportunities for users and companies, but businesses and governments will need to come up with rules governing transactions and content, according to the participants of a panel held dur...
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Price analysis 5/25: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB Bitcoin and the major altcoins remain stuck in a range as traders search for the next factor that will start a directional move.
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JPMorgan places BTC fair price at $38K, declares crypto a preferred alternative asset The banking giant says Terra's collapse did not appear to harm the VC market, and things will be looking up for crypto as long as VC stays in.
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Bitcoin creeps toward $30K, but data shows bears in favor for Friday's $1.8B BTC options expiry Traders are calling for a "relief rally" to $35,000, but derivatives data shows bears stand to profit from this week's $1.81 billion BTC options expiry.
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Crypto Market Turning Point -- Most Cryptocurrencies Down 57% to Over 80% From Price Highs Roughly six months ago, bitcoin and a number of digital assets reached all-time highs and the crypto economy crested above $3 trillion in value. Today is a different story as a great majority of cryptocurrencies are down...
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Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil The new investment vehicle will focus on early-stage ideas as well as projects that are more mature and have already shown some traction.
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Ukrainian Eurovision Winner Sells NFTs in Support of Ukraine's Defense Kalush Orchestra, the Ukrainian winner of this year's Eurovision Song Contest, will sell non-fungible tokens (NFTs) featuring a microphone and the name 'Kalush Orchestra' in support of Ukraine's national defense against ...
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USD 4.5B Crypto Fund, Less Difficult Bitcoin Mining, OTC NFT, Ethereum's Merge + More News Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. __________...
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LUNA, UST Jump as Terra Revival Plan Moves Ahead After Vote The price of the Terra network's native LUNA token and the failed stablecoin terraUSD (UST) jumped in the market on Wednesday, after a revival plan for the network officially passed a vote, with 65% voting in favor of th...
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Davos Watch: Real Interest Rates to Remain at 'Nothing or Next to Nothing' & Higher Inflation Target Inflation expectations in Europe have consistently drifted upwards, and despite rising nominal interest rates, the real rate is likely to be "nothing or next to nothing," according to Klaas Knot, President of the Central...
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GPU prices are still on a decline: Is Bitcoin's sorrow gamers' joy? Times are hard for Bitcoin and other cryptocurrencies, but gamers are in luck, as GPU prices are now more affordable.
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Thailand Exempts Crypto Transfers From VAT Until End of 2023 Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also ap...
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Bitcoin, Ethereum Technical Analysis: Crypto Bears Keep BTC Below $30,000 Bitcoin was lower for a second consecutive session, as bears maintained recent pressure on crypto markets. This pressure also saw ETH move lower, as it continued to trade under $2,000 during hump-day. Bitcoin The world�...
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Bitcoin Mining Can be a Force for Good or Bad, Banning it Doesn't Solve Anything - FTX.US President Bitcoin (BTC) mining can be a force for both good and bad, depending on how it's done and where it happens. But countries thinking of banning it should know that miners will not hesitate to simply move somewhere else, FT...
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Korean watchdog begins risk assessment of crypto as Terra 2.0 passes vote While the FSS' standardization effort is still in its early stages, it is expected that once a legal framework for virtual assets has been established, a uniform evaluation system will be put in place.
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Bitcoin and Ethereum Trade in Contracting Range, ETC Trims Gains, CELO Accelerates Bitcoin price attempted a fresh increase above the USD 30,000 level. However, BTC struggled to clear the range resistance near USD 30,300 and USD 30,500. It is currently (12:00 PM UTC) trading near USD 29,400 and is almo...
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Bitcoin price bottom signals flash as 'fear and greed' index matches March 2020 lows On-chain indicators focusing on Bitcoin's fair valuation and long-term holders' sentiment also raise its prospects of bottoming out.
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